Fed's Rosengren says U.S. could face a credit crunch by year end if virus worsens

23.09.2020, 05:34

The U.S. economy could face more foreclosures and business bankruptcies in the fall and winter if there is a rise in infections and no additional fiscal aid, conditions that could make it harder for consumers and businesses to access credit, Boston Federal Reserve President Eric Rosengren said on Wednesday.

Eric Trump cannot delay testimony in New York probe, judge rules

23.09.2020, 04:33

NEW YORK - A New York judge on Wednesday ordered President Donald Trump's son Eric to make himself available by Oct. 7 to be interviewed under oath for a state probe into financing for properties owned by his family's company.

Biden says Black turnout key to winning election, battling inequality

23.09.2020, 03:32

CHARLOTTE, N.C. - Democratic presidential nominee Joe Biden on Wednesday said Black turnout was the linchpin to his hopes of winning the White House in November and reversing economic and social inequities that have held back African Americans.

Trump says he is watching tech platforms closely ahead of presidential election

23.09.2020, 02:31

WASHINGTON - U.S. President Donald Trump on Wednesday said his administration is closely watching the performance of tech companies in the run up to the presidential election on Nov. 3 and expects to come to a conclusion on the issue of internet companies soon.

United Airlines, pilots union agree to delay furloughs until October 30

23.09.2020, 01:28

CHICAGO - United Airlines (O:UAL) and the union representing its pilots have agreed to delay furloughs until Oct. 30, according to a memorandum of understanding seen by Reuters.